News & Fundamentals

Follow @Ava_Analyst So the FED did what was expected and did not raise the interest rate, although it did hint that it was very possible that we would see a rate hike this year, which would mean most likely in December. The reason for this is that, although the economy is doing well, and inflation…

Follow @Ava_Analyst Currencies EUR/USD – dropped and was once again able to find some kind of support around the 1.115 level as it was able to do as well in recent days. There is not much to say at the moment as we will be watching and waiting what the FED decision on the interest…

Follow @Ava_Analyst Currencies EUR/USD – even though the USD weakened enough for the EUR to break shortly above the resistance around the 1.117 level, we are once again trading just below this level, as the USD corrected later in the day. Nothing really happened yesterday as there were no data releases, but that is changing…

Follow @Ava_Analyst Currencies EUR/USD – dropped sharply after the inflation data out of the US came in better than expected, which in turned fueled the possibility that the FED could still, after all, raise the interest rate this week. The market doesn’t really expect this, although the USD did manage to strengthen, as it does…

Follow @Ava_Analyst Currencies EUR/USD – with the data out of the Eurozone coming in as expected and most US data weaker than expected, we would have expected the pair to move higher. However, while there was a small upwards move right after the US data, this was quickly pared and we closed only marginally higher.…

Follow @Ava_Analyst Currencies EUR/USD – was able to profit from weakness of the USD and moved up. Today it will mostly be driven by the data today, with inflation data out of the Eurozone as well as retails sales data and other data out of the US. If this will be good, it could increase…